3404 Vespasian StNew OrleansLA70114
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in New Orleans at 3404 Vespasian St, New Orleans, LA, 70114 earns $203/mo cash flow from $1,002/mo rent with a $631/mo payment. Total monthly income totals $1,002/mo, and annual cash flow totals $2,440/yr on $42,764 capital. ROI tracks 25.61% on current figures, and rental yield reads 9.32% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 133.52% and total cumulative return in cash sums $57,097. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,002/mo property income instead of your personal income.
Townhouse
Built in 1980
3,300 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: John Hoa Nguyen • People's Realty, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2456176
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